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The International Monetary Fund is sounding alarms about slowing economic growth and the potential for a U.S. recession rising. This comes as President Trump walks back comments about Fed Chair Jerome Powell's firing and as his take on a trade deal with China. CBS News contributor Javier David has more.
The International Monetary Fund is predicting slower economic growth this year in the U.S., citing uncertainty over the Trump administration's tariffs and trade policy. CBS News MoneyWatch correspondent Kelly O'Grady has more.
JPMorgan CEO Jamie Dimon warns that tariffs are likely to boost inflation, while urging the Trump administration to strike trade deals.
Stock markets slumped on Thursday, erasing much of the previous day's gains as investors continue to navigate President Trump's tariff strategy. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
President Trump announced Wednesday that he is raising tariffs on China to 125% and pausing tariffs for several other countries. Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, joins "America Decides" with his take on inflation, tariffs and possible Fed moves.
The Dow, Nasdaq and S&P 500 closed in negative territory Tuesday as investors continue to reel from President Trump's global tariffs. Martin Baccardax, senior editor and chief markets correspondent at TheStreet, joins "America Decides" to examine how the escalating trade war could impact the global economy and whether trade deficits are inherently bad.
A stock market rally fizzled by Tuesday's closing bell, with the Dow Jones wiping out a 1,400-point gain and all three major indexes closing in the red ahead of the midnight deadline for President Trump's sweeping tariffs. CBS News' Kelly O'Grady and Jennifer Jacobs have more.
What do President Trump's sweeping tariffs mean for the average U.S. household? Ernie Tedeschi, director of economics at Yale University's Budget Lab, joins CBS News to discuss. Then, Kate Gulliver, chief financial officer at Wayfair, joins to explain what customers can expect moving forward.
Some influential business leaders who supported President Trump's return to the White House are expressing buyer's remorse as the fallout from Mr. Trump's sweeping tariffs continues. Julia Manchester, national political reporter for The Hill, and Dave Weigel, political reporter for Semafor, join "America Decides" to discuss.
President Trump threatened to impose additional tariffs on China even as markets saw another turbulent day of trading on Monday. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins "America Decides" to share his perspective.
The likelihood of the U.S. entering a recession has jumped since President Trump announced new tariffs, according to Goldman Sachs economists.
President Trump's sweeping global tariffs sent U.S. stocks tumbling for a second straight day, with markets faring even worse Friday. Mark Zandi, chief economist for financial services company Moody's Analytics, joins "America Decides" to discuss.
Republicans ruled the social media landscape in the 2024 election cycle. Now, some influencers who helped President Trump capture the so-called "bro vote" are expressing their concerns over this recent round of tariffs. Political strategists Joel Payne and Kevin Sheridan join "America Decides" with analysis.
Stocks plunged for a second day on Friday following President Trump's tariff announcement, with the Dow Jones down 2,200 points and the S&P 500 and Nasdaq seeing the worst back-to-back drops since 2020. CBS News' Kelly O'Grady and Fin Gómez have more.
New jobs data showed more gains than expected for March but concerns over tariffs and a potential recession remain. CBS News' Kelly O'Grady reports.
Thursday was Wall Street's worst day since 2020 as investors reacted to President Trump's sweeping new tariffs on all nations. CBS News' Kelly O'Grady, Weijia Jiang and Caitlin Huey-Burns have the details.
President Trump promised to bring down prices on the campaign trail, but economists say his tariffs could raise them. Political strategists Joel Payne and Kevin Sheridan join "America Decides" to examine the potential political ramifications.
President Trump declared a national emergency on Wednesday, giving him the power to regulate imports and impose a baseline tariff of 10% on all countries with specific reciprocal tariffs on what he calls the "worst offenders." CBS News' Weijia Jiang and Jo Ling Kent have more.
Policy uncertainty is driving worries in the markets that may be increasing predictions about an incoming recession. Bill Watts, a markets editor at MarketWatch, joins CBS News with more.
A new CBS News poll finds that Americans' economic outlook has grown slightly more pessimistic in the past month. High prices are weighing on people, with most saying they're on the rise. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
The Federal Reserve chose not to lower interest rates Wednesday, as Chair Jerome Powell admitted the economic outlook was uncertain. He indicated that even though inflation was expected to inch up in response to President Trump's tariffs, the Fed is still forecasting two rate cuts this year. Kelly O'Grady explains.
The Federal Reserve left interest rates unchanged Wednesday as uncertainty about the U.S. economy grows. CBS News MoneyWatch correspondent Kelly O'Grady unpacks Fed Chair Jerome Powell's comments on the decision. Then, Donna Ginther, distinguished professor of economics at the University of Kansas, joins with analysis.
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, with Chair Jerome Powell saying "further progress may be delayed" on bringing down inflation because of President Trump's tariffs. CBS News business analyst Jill Schlesinger has more.
Preliminary data from the University of Michigan shows that consumer sentiment, or how people feel about the economy, declined for a second straight month. It all comes as January saw a decline in spending which has some economists warning that the U.S. could face a possible recession. CBS News MoneyWatch correspondent Kelly O'Grady has more on recession risk signs.
Despite the stock market's recent instability, President Trump is standing firm on his promise of implementing reciprocal tariffs in early April. Washington Post opinions columnist Heather Long joins "America Decides" to examine how the tariffs are creating anxiety about a recession.
The strike on Kyiv came hours after peace talks appeared to stall and President Trump lashed out at Ukrainian President Zelenskyy.
So many mourners lined up to pay their respects that the Vatican kept St. Peter's Basilica open all night to accommodate them.
"That just made me so mad," one laid-off FDA scientist said.
Defense Secretary Pete Hegseth has not given any press briefings in the briefing room but has used the room as a backdrop for TV hits with Fox News.
A 32-year-old Venezuelan man reportedly took a wrong turn onto the Ambassador Bridge, crossing into Canada, while delivering food back in January, and has since been detained and deported to El Salvador.
Gang experts and researchers said that while tattoos could carry gang-related meaning, they aren't enough to prove gang membership.
The incident marked at least the third time in a week that Russian aircraft had been intercepted in the region.
A new report on air quality across the U.S. offers a cloudy prognosis on the long-term health of about 156 million residents who live in areas that received an "F" in smog and soot pollution.
A federal judge has halted her order demanding the government explain what it's done to return Kilmar Abrego Garcia to the U.S.
China has denied President Trump's assertion that the two sides were involved in active negotiations over tariffs.
Learning Resources CEO Rick Woldenberg says his tariff costs will surge more than 40-fold to $100 million, while sales could fall.
"That just made me so mad," one laid-off FDA scientist said.
The president is set to be in Michigan on Tuesday, according to press secretary Karoline Leavitt.
A new report on air quality across the U.S. offers a cloudy prognosis on the long-term health of about 156 million residents who live in areas that received an "F" in smog and soot pollution.
China has denied President Trump's assertion that the two sides were involved in active negotiations over tariffs.
Learning Resources CEO Rick Woldenberg says his tariff costs will surge more than 40-fold to $100 million, while sales could fall.
Warming waters off New England's coast has contributed to the proliferation of the green crab, one of the world's most invasive species.
President Trump's meme coin had lost 88% of its value. But an offer of dinner with the president helped boost its price on Wednesday.
The lawsuit said the policy put in place by President Trump has been subject to his "whims rather than the sound exercise of lawful authority."
A federal judge has halted her order demanding the government explain what it's done to return Kilmar Abrego Garcia to the U.S.
The president is set to be in Michigan on Tuesday, according to press secretary Karoline Leavitt.
Close to 20,000 employees — many living in states such as North Carolina, Vermont, California and Georgia — lost their jobs as the Trump administration took steps to shutter USAID.
A federal judge is hearing a challenge Wednesday brought on by the city of San Francisco and other local jurisdictions to President Trump's crackdown on "sanctuary city" policies.
President Trump's meme coin had lost 88% of its value. But an offer of dinner with the president helped boost its price on Wednesday.
"That just made me so mad," one laid-off FDA scientist said.
A new report on air quality across the U.S. offers a cloudy prognosis on the long-term health of about 156 million residents who live in areas that received an "F" in smog and soot pollution.
The Department of Health and Human Services is calling on companies to phase out all petroleum-based dyes by the end of next year, Secretary Robert F Kennedy, Jr. announced.
State-level efforts to regulate fertility coverage reveal the gauntlet of budgetary and political hurdles such initiatives face.
National Institutes of Health Director Dr. Jay Bhattacharya said "it's hard to guarantee when science will make an advance."
Shortly after Pope Francis died, speculation on who would succeed him became "one of the most popular betting markets in 2025," an analyst says.
China has denied President Trump's assertion that the two sides were involved in active negotiations over tariffs.
The incident marked at least the third time in a week that Russian aircraft had been intercepted in the region.
John Moe The, who has a TikTok following of more than 300,000, forecast that a "very strong" quake would hit "every city in Myanmar."
Two U.S. Marines in Okinawa, Japan are under investigation for alleged rapes, police say, the latest in a string of assault cases that have angered residents.
The 2025 AMA nominations were released on Wednesday, with Kendrick Lamar leading with 10. The awards show will air on May 26.
Tina Knowles, the mother of Beyoncé and Solange, is opening up about her life in her book, "Matriarch." She styled Destiny's Child when the group started out and spoke about how the record label complained about the group's look.
Roman Catholic cardinals are gathering to decide when to hold the conclave to elect a new pope following Pope Francis' death on Monday. It has sparked renewed interest in the movie "Conclave," which is about the process and came out last year. CBS News' Carter Evans looks at what the movie got right and wrong about the process.
Tina Knowles, mother of superstars Beyoncé and Solange, spoke with "CBS Mornings" co-host Gayle King about her new memoir, "Matriarch."
Oprah Winfrey has named "Matriarch" by Tina Knowles as her latest book club selection. The memoir shares Knowles' personal journey from growing up in segregated Texas to raising music icons Beyoncé and Solange.
Have you ever wondered if your coworker is a bot? Now, you may have to. Companies say they are working to stop fake job-seekers as new employment scams target both sides of the market. CBS News Confirmed executive producer Melissa Mahtani breaks it down.
The EU has hit Apple and Meta with hundreds of millions of euros in fines as it steps up enforcement of the European Union's Digital Markets Act.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
U.S. Department of Justice attorneys are seeking to impose sweeping penalties on Google after a court ruled the tech giant is a monopoly.
Companies say fake job seekers are using artificial intelligence to get remote jobs, often in an attempt to steal insider secrets.
Harmful bleaching of the world's coral has grown to include 84% of the ocean's reefs in the most intense event of its kind in recorded history, scientists say.
A large brood of periodical cicadas is due to emerge in the spring of 2025. These maps show where people should expect to see, and hear, the bugs this year.
If Earth's entire 4.5 billion-year history was squeezed into a single, 24-hour day, when would modern humans arrive? "CBS Evening News" co-anchor John Dickerson ponders the meaning of Earth Day.
This asteroid is bigger than scientists anticipated, about 5 miles long and 2 miles wide at its widest point — resembling a deformed peanut.
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
John Moe The, who has a TikTok following of more than 300,000, forecast that a "very strong" quake would hit "every city in Myanmar."
The Jalisco New Generation cartel was designated a terrorist organization by U.S. President Donald Trump in February.
City leaders in Uvalde have given final approval to a $2 million settlement with families of the victims of the Robb Elementary School shooting in 2022.
More than a quarter million complaints reported losing money to a scam in 2024, the FBI said in a new report.
Prosecutors in Karen Read's second trial for the death of Boston police officer John O'Keefe used her own words against her during opening statements. CBS News Boston's Penny Kmitt reports.
This asteroid is bigger than scientists anticipated, about 5 miles long and 2 miles wide at its widest point — resembling a deformed peanut.
During the peak of the Lyrid meteor shower, 10 to 20 meteors could be seen per hour, NASA says.
Don Pettit, NASA's oldest active astronaut, marked his 70th birthday by landing on the steppe of Kazakhstan after 220 days in space.
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
Astronomers say they have discovered "the strongest evidence yet" of life on a distant planet, although, they stress that more research is needed. Chief astronomer and planetarium director of the Franklin Institute Derrick Pitts joins "The Daily Report" to discuss.
Protests against the Trump administration took place across the U.S. Saturday. The demonstrations were held to mark the 250th anniversary of the start of the Revolutionary War.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
ALL NEW: Melody Farris, the matriarch of a wealthy family, spins a tale trying to pin the murder of her husband on her own son. "48 Hours" correspondent Peter Van Sant reports Saturday, April 26 at 10/9c on CBS and streaming on Paramount+.
Over 350 college leaders around the country -- including several in Colorado -- have signed a letter condemning what they call political interference in higher education by the Trump administration.
The power of forgiveness and its ability to mend emotional wounds was on display in an El Paso courtroom as families of the 23 shot and killed during a hate-filled mass shooting spoke of their painful loss. "CBS Evening News" co-anchor Maurice DuBois has more.
A new report on America's air quality is offering a cloudy prognosis on the health of Americans forced to breathe in more pollution. Laura Kate Bender, an assistant vice president at the American Lung Association, joins to discuss.
Off the coast of New England, warming waters are fueling the spread of the invasive green crab. Jacob Wycoff reports on efforts to turn the species into a seafood staple.